Renault Expects to Close Electric Van JV With Volvo Trucks Within Weeks
Renault Group expects the closing of its joint venture in electric vans with truckmaker Volvo Group and the French shipping group CMA CGM to happen by the beginning of April, a spokeswoman said. Renault and Volvo signed binding agreements last…
Servotech EV Infra Announces Strategic Equity Dilution, Appoints CEO And AVP Operations
Building on its commitment to accelerate India’s EV charging infrastructure development, Servotech EV Infra Pvt. Ltd., a subsidiary of India’s leading EV charger and solar products manufacturer, Servotech Power Systems Ltd., proudly announces significant steps forward. The company has secured…
Okaya EV Bags Order From HPCL to Install 600 Fast DC EV Chargers
Okaya EV Chargers, an electric vehicle charging solution, has secured an order for 600 EV chargers from Hindustan Petroleum Corporation Limited (HPCL), one of India’s leading oil and natural gas companies. The order encompasses the installation of 60KW CCS2 Dual…
Shares of China’s Xiaomi Jump on News of its First EV Launch
Shares of Xiaomi jumped 12% on Tuesday after the company said it would start deliveries of its first electric vehicle (EV) this month. The tech giant, which is China’s fifth largest maker of smartphones, is venturing into the world’s top…
India’s Electric Mobility Promotion Scheme 2024 Sees a Four-month, ₹500 Crore Boost for EVs
The Indian government has launched a new initiative named the Electric Mobility Promotion Scheme 2024, as revealed by Mahendra Nath Pandey, the Minister of Heavy Industries in India, in an exclusive interview with CNBC-TV18. This update comes as the electric…
Robust Charging Infrastructure Needed To Achieve EV 30@30 Target
In recent years, Electric Vehicles (EVs) have proven to be a key solution to address pollution and carbon footprint issues in the country with its burgeoning population and rapid urbanisation. However, a total of 21.7 lakh electric vehicle have been…
Rivian Unveils New R2 Electric SUV
Rivian has unveiled its new midsize global electric SUV as it looks to expand its portfolio beyond its flagship R1S and R1T. Badged the R2, the newest SUV looks the part of a shrunken R1S, replete with upright proportions, lightbars…
Biliti Electric Breaks Ground For E3W And Battery Pack Plant In Hyderabad
Biliti Electric, a California-based electric three-wheeler start-up held a groundbreaking ceremony for its manufacturing facility in Velimela, Hyderabad. This facility will be spread around 13 acres and will manufacture electric three-wheelers and lithium-ion battery packs, catering to the growing demand…
EV Motor And Controller Startup Attron Automotive gets Rs 4.75 Crore in Seed Funding
Venture Catalysts, India’s first integrated incubator and largest early-stage investment firm has announced its strategic investment in Attron Automotive, a precision-engineered motor and controller solutions start-up based in Pune. The company has raised Rs 4.75 crore in in Attron’s Seed…
Karnataka Scraps Electric Bike Taxi Scheme
Scheme 2021, noting that private two-wheelers (white-board registration) were being used as electric bike taxis. It also cited issues related to women’s safety, law and order, and the impact on government bus operations for scrapping the scheme. The Transport Department…
